BP: "We care about the small people"

Chairman Carl-Henric Svanberg said Wednesday the company’s board of directors decided it would suspend dividend payments in the second and third quarters, and cancel the first-quarter payment that was due on June 21, in the wake of the Deepwater Horizon accident. In brief comments to reporters at the White House, Svanberg said the meeting with Barack Obama was constructive. “He’s frustrated because he cares about the small people….We care about the small people,” Svanberg said.